$AGT 15-minute decline of 6.7%, current price 0.03147. Two possible scenarios:
① If it consolidates on lower volume and climbs back above the starting point of the drop → this was probably a shakeout
② If the rebound is weak and it breaks below the 24-hour low of 0.028 → the downtrend will most likely continue
I’d wait to see how the first rebound plays out before making a call. What reasons do you have for being bullish or bearish?
① If it consolidates on lower volume and climbs back above the starting point of the drop → this was probably a shakeout
② If the rebound is weak and it breaks below the 24-hour low of 0.028 → the downtrend will most likely continue
I’d wait to see how the first rebound plays out before making a call. What reasons do you have for being bullish or bearish?